Re: BaNoss...
in response to
by
posted on
Mar 20, 2007 08:31PM
I spoke at length with an IP attorney today from a large international firm discussing this question. In summary, he stated that the most important step in validating the MMP is for the patents to be validated in the re-examination process by the USPTO. Obviously a win in Texas and a win in the Appeals Courts (should it go that far) would send a huge message to the industry, but a victory in the Markman or a large settlement as Ease has stated would also send a huge message to the industry as well and go a long way towards validating the MMP. He was not familiar with the case or Patriot, but he was very impressed when I shared with him the settlements thus far. His exact words were, that he works with Japanese firms, and any settlement over a million dollars is a big deal. If a Japanese company believes it is not infringing, it will not pay more than a million bucks for a nuisance fee. He truly believed that based on the settlements so far, there must be some validity to the patents and Patriot’s claim, and to the point that he asked me to send him all the information I had because he wanted to spend some time researching the case and possibly invest in PTSC. He promised to share with me his opinion once he is completed. GLTAL